Mon.May 02, 2022

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Biotechnology Company’s Study Spotlights Medical Cannabis as a Potential Cure for Bowel Cancer

Veriheal

Of all the diseases and medical conditions that humans face the risk of being diagnosed with—even people who lead the healthiest of lifestyles—cancer is one of the most prevalent and deadly. The devastating disease results in 10 million deaths around the world every single year. Fortunately, for patients who suffer from bowel cancer, the latest research into medicinal cannabis could provide a ray of hope.

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Despite federal legalization, banks in Canada still won’t work with weed

Leafly

Banks in Canada continue to discriminate against cannabis clients in spite of legalization (unless you can pay-to-play). The post Despite federal legalization, banks in Canada still won’t work with weed appeared first on Leafly.

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Why Are Cannabis Prices Falling?

Cannabis Life Network

Why are cannabis prices falling when inflation is at record highs? The simple answer is there’s more supply than demand. Producers have excess inventory, and to sell it, they have to cut prices. According to Statistics Canada, prices for dried cannabis flower have dropped between 8.3 and 10.2 percent over the last year. Flower prices […].

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New Database Seeks to Prevent “Bad” Psychedelic Patents

Cannabis Law Report

Lucid News reports. The nonprofit Porta Sophia has been providing a needed stop-gap to help improve the existing patent approval process. Porta Sophia is building an online database and searchable library of historical, scientific and cultural information pertaining to psychedelics that they say will support the work of both innovators and patent examiners to prevent problematic, or “bad,” patents from being granted in the first place.

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Where the Money Grows: Learning the Industry Trends in Medical Cannabis, Recreational Marijuana, Hemp, and Beyond

Speaker: Jonathan Bench, International Cannabis and Securities Business Attorney at Harris Bricken

The U.S. cannabis industry is still in its infancy, even though states began engaging with legalization in one form or another in the late 1990s. Today, many opportunities exist for individuals and businesses that want to engage in the industry. Some want to directly own licensed businesses, while others prefer to keep the industry at an arm’s length and merely profit from it.

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Colorado Senate Passes Bill to Legalize MDMA Prescriptions

Veriheal

Last Friday, Colorado’s state Senate unanimously approved a bill to legalize MDMA prescriptions. However, the bill has one major caveat: MDMA prescriptions will not be allowed until the federal government approves the substance’s use. Sen. John Cooke (R), one of the bill’s main sponsors, emphasized how the bill will help those in the state suffering from PTSD : “Our military, our law enforcement, our first responders…are suffering from PTSD—and [MDMA] does have a great success rate s

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The parent trap: How old drug laws punish families in legal cannabis states

Leafly

Lindsay Ridgell fought for 3 years to clear her name after being reported to CPS for a single cannabis test—in a legal state. Similar laws still trap parents in 23 states. The post The parent trap: How old drug laws punish families in legal cannabis states appeared first on Leafly.

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NY court makes key decision on $600 million lawsuit against Acreage Holdings

Cannabis Law Report

As this is a behind a paywall we can only direct you to. Reporter Sean Teehan writes for NY Cannabis Insider that a NY Supreme Court judge just made a key decision in a $600 million lawsuit against Acreage Holdings. [Subscriber only]. [link].

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Answer of the Day for May 3, 2022

TheAnswerPage

Does cannabis use affect male sexual performance? Male orgasm? “According to the International Society for Sexual Medicine, some men report that their sexual performance improves when they use marijuana, while others may experience problems such as less motivation for sex, erectile dysfunction, trouble reaching orgasm or premature ejaculation.

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Lawsuit Alleges Former House Speaker Boehner & Squire Patton Boggs, Stole Cannabis Lobbying Group Data & Talking Points

Cannabis Law Report

This is not a good look. The New York Post reports. John Boehner backed out of a deal to join a marijuana lobbying group — but only after he allegedly stole its data and talking points to form another, pro-weed lobbying outfit of his own, an explosive lawsuit claims. The former House speaker signed an agreement in March 2018 to become co-chair of the 10 Campaign — a weed legalization group that takes its name from the 10th Amendment of the US Constitution, which establishes states’ rights, accor

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AFC Gamma Enters into $60 Million Senior Secured Revolving Credit Facility with Commitments from Two FDIC-Insured Banks

Cannabis Law Report

Replaces $75 Million Credit Facility from AFC Finance. . WEST PALM BEACH, Fla., May 02, 2022 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced that it has entered into a senior secured revolving credit facility (“Credit Facility”) with $60 million of current commitments from two FDIC-insured banks and the ability to increase the facility to $100 million.

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The Source Rule is Alive and Well

Cannabis Law Report

The Source Rule, which says that the source of a cannabinoid determines its legal status, is embedded into the legal fabric of the cannabis industry. In this article I respond to arguments claiming that the Source Rule is dead and show that, far from dead, it is now more relevant than ever. Continue reading “The Source Rule is Alive and Well” … The post The Source Rule is Alive and Well first appeared on Kight on Cannabis.

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USA: Police Departments Around The Country Losing Officers To Cannabis Security Industry

Cannabis Law Report

5 News Missouri. Police departments nationwide are experiencing a shortage of officers — locally, the I-Team found out some of them are trading in their badges and going into an industry even they least expected. Take Joe Patterson, for example. He spent 11 years with the St. Louis County Police Department, many of them with the Violent Crime and Narcotics Task Force where arresting people for marijuana possession and trafficking was a common occurrence.

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Los Angeles: Victim shot and killed at Tarzana marijuana dispensary

Cannabis Law Report

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Media Report: Greens vow cannabis reform if successful

Cannabis Law Report

The Northern Beaches review reports. The Australian Greens are promising to reform cannabis laws and push for a ban on new fossil fuel projects in Bass Strait if the minor party secures the balance of power at the federal election. Cannabis laws needed reform after decades of punitive policy at the state and federal levels, the federal party said on Monday. “Much of the rest of the world has moved on to legalise cannabis and it’s high time Australia did the same,” Greens NSW Se

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Mr Bandt Goes To Nimbin – Promises To Regulate Cannabis If Greens Hold Balance Of Power

Cannabis Law Report

We shall see on two fronts here A , if they get to hold the balance of power and B , if they actually do it. Funny how he can only make the announcement in Nimbin, maybe the Greens candidate is struggling against Balderstone. Also after a search of their website, google etc we can’t find a white paper or pdf that actually colours in these vague plans.

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